Forecast For Housing Market Is Bright

By: Gem Home Loans

Each month, Fannie Mae’s Economic and Strategic Research Group releases a forecast for the economy and housing market. According to their most recent release, the group sees improvement ahead....

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Improvement In Mortgage Credit

By: Gem Home Loans

In order to be approved for a mortgage, borrowers have to meet certain standards. How well they meet those standards not only determines whether they’re approved to borrow but...

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Home Price Increases Signifies Market Strength

By: Gem Home Loans

The S&P Case-Shiller Home Price Indices are considered a leading measure of U.S. home prices. According to their most recent release, home values continue to show strength. In fact,...

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It’s 2020. Fall Housing Market Makes Up For Weak Spring

By: Gem Home Loans

Sales of previously owned homes increased 4.3 percent in October, according to new numbers from the National Association of Realtors. The improvement marks the fifth consecutive monthly gain and...

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The Rules Of The Road In Buying In A Competitive Housing Market

By: Gem Home Loans

These days, there are plenty of interested homebuyers but fewer homes for sale. That means home sellers have options and buyers have to be prepared. So what are some...

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The Results Are In! NOW Is A Good Time To Sell Your House

By: Gem Home Loans

Americans’ confidence in the housing market has bounced back, according to the results of the most recent Housing Market Index from Fannie Mae. The index – which asks Americans...

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Mortgage Credit Gets Tighter In August

By: Gem Home Loans

Lending standards change. That’s why the Mortgage Bankers Association’s monthly Mortgage Credit Availability Index tracks how easy or difficult it currently is for borrowers to secure financing. Any increase...

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Housing Market Optimism Rises In August

By: Gem Home Loans

Fannie Mae’s Home Purchase Sentiment Index is a monthly measure of how Americans view the housing market and their personal financial situation. The survey asks respondents for their feelings...

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Will The Economic Rebound Continue This Fall?

By: Gem Home Loans

During the second quarter, the economy suffered the worst contraction since World War II. But the strength of the subsequent rebound has Fannie Mae’s Economic and Strategic Research Group...

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New Home Sales Soar, Hit 14-Year High

By: Gem Home Loans

In July, sales of newly built, single-family homes soared to their highest level since 2006, according to new estimates released by the U.S. Census Bureau and the Department of...

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